By Paolo Laudani and Linda Pasquini (Reuters) -German online takeaway food company Delivery Hero confirmed its 2025 guidance on Thursday, but a slip in growth in its crucial Asian market led investors and analysts to question the upbeat narrative for the region. GMV, a common metric for delivery firms measuring the total value of all …
Delivery Hero confirms yearly forecast, but soft Asia knocks shares Read More »
By Joanna Plucinska LONDON (Reuters) -European airlines are set to report first-quarter results in the coming weeks, offering outlooks for the lucrative travel season amidst growing worries that economic uncertainty could slow demand and threaten earnings. That comes after the European Travel Commission noted in a study published Wednesday that Europeans are making fewer travel …
Economic worries could weigh on airline results as European bookings drop Read More »
By Dominique Patton PARIS (Reuters) -French carmaker Renault reported a small rise in first-quarter revenue on Thursday as popular new models including the electric Renault 5 and Duster SUV helped to offset the impact of reduced dealer inventories and adverse exchange rates. The group generated revenue of 11.68 billion euros ($13.24 billion), up 0.6% from …
ZURICH (Reuters) -Swiss skincare company Galderma on Thursday said its sales rose by 8.3% on the year to $1.13 billion during the first quarter and signalled confidence about its prospects for the rest of 2025 despite ongoing uncertainty over U.S. tariffs. Chief Executive Officer Flemming Ornskov told Reuters the company was sticking its outlook for …
Skincare company Galderma keeps 2025 outlook, shrugs off U.S. tariff uncertainty Read More »
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) – Tesla’s new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (ACEA). Total new car sales in Europe rose 2.8% in the …
European car sales rise in March, Tesla drops 28.2% Read More »
(Reuters) – British car distributor Inchcape said uncertainties caused by tariffs could impact supply from automakers and reduce market demand, sending its shares plummeting on Thursday when it also reported a decline in first-quarter revenue. The company’s shares fell by almost 17% to their lowest in nearly four and a half years at 575 pence. …
UK auto distributor Inchcape shares fall on fears of tariff hit Read More »
TRIESTE, Italy (Reuters) -UniCredit has increased its stake in insurer Generali to between 6% and 7%, a person with knowledge of the matter said on Thursday, ahead of a key shareholder vote to pick a new board of directors. Unicredit’s stake was 5.3% as of April 10, according to Generali’s website. UniCredit CEO Andrea Orcel …
UniCredit holds stake of between 6-7% in Generali, source says Read More »
HELSINKI (Reuters) -Finland’s government announced tax breaks for companies and employees in an attempt to boost the country’s ailing economy in a mid-term budget review it completed late on Wednesday. In office since June 2023, the government had promised to stop public debt from growing despite the economy’s slow recovery from a recession. But at …
Finland plans tax cuts to boost economy; to cut corporate tax to 18% from 20% Read More »
(Corrects paragraph 4 to show CEO was referring to Norway) By Alessandro Parodi (Reuters) -Swedish telecoms operator Telia reported first-quarter adjusted core earnings slightly above market expectations on Thursday and confirmed its outlook for 2025. Adjusted operating profit before depreciation and amortisation (EBITDA) rose to 7.80 billion Swedish crowns ($805.5 million) from 7.14 billion crowns …
Telia core profit slightly beats expectations in first quarter Read More »
By Gianluca Lo Nostro and Boleslaw Lasocki (Reuters) -Nokia reported first-quarter profit well below market expectations on Thursday and flagged a short-term disruption from U.S. tariffs with an estimated impact of between 20 million and 30 million euros to its second-quarter profit. Comparable operating profit fell to 156 million euros ($176.9 million) in the first …
Nokia posts quarterly profit miss, flags disruption from Trump’s tariffs Read More »
